Pakistan Can Become Major Player In Global Halal Economy Through Islamic Finance And Fintech
ICCD Secretary General Yousef Hassan Khalawi says Pakistan can expand its role in the global Islamic economy through Shariah compliant finance, fintech, agriculture and stronger regulations.
PSX to Remain Closed on August 26 for Eid Milad-un-Nabi
Pakistan Stock Exchange will remain closed on August 26, 2026, for Eid Milad-un-Nabi, suspending trading, clearing and settlement activities for the day.
Shariah-Compliant Equities Reach 65% of PSX Market Capitalization
Shariah-compliant equities represent 65% of PSX market capitalization at Rs13.2 trillion, while Islamic mutual fund assets reach Rs2.2 trillion, SECP says.
SECP Proposes New Insurance Rules to Strengthen Policyholder Protection
SECP has proposed Market Conduct Rules 2026 for insurance companies, introducing claim settlement deadlines, faster policy issuance and penalties for violations.
Pakistan Fiscal Deficit Falls to 2.6% of GDP as Growth Challenge Remains
Pakistan reduced its consolidated fiscal deficit to 2.6% of GDP in FY26, but high taxes, low development spending and weak private investment remain growth concerns.
Samba Bank Acquisition PAO Deadline Extended To November 17, 2026
Samba Bank’s proposed acquisition by Najd Gateway Holding Company has received a 90 day extension for the Public Announcement of Offer, moving the deadline to November 17, 2026.
Agricultural Credit Rises 21.4% to Rs2.79 Trillion in FY26, SBP Data Shows
Pakistan’s agricultural credit disbursement increased 21.4% to Rs2.79 trillion during July-May FY26, while commercial bank borrowers nearly doubled.
Tasdeeq IPO Attracts Heavy Public Demand With 21.68x Oversubscription
Tasdeeq Information Services Limited’s IPO received applications for 812.907 million shares against an issue size of 37.5 million, resulting in 21.68x oversubscription.
SECP Launches Corporate Debt Market Desk to Facilitate Debt Financing
SECP has established a dedicated Corporate Debt Market Desk to simplify debt issuance, support issuers and expand long-term financing options for businesses.
SBP Governor Jameel Ahmad Says Reforms Key To Sustainable Economic Growth
SBP Governor Jameel Ahmad says price stability, policy reforms, digital payments and financial inclusion will remain central to Pakistan’s transition toward sustainable economic growth.